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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Other information on the land is there, too: square footage/acreage, legal address, assessed value and the last sales price, to name a few. Subsequently, the process of conveyance must proceed.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Any existing easements on the property which legally allow another party to use someone else’s property.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Mortgage financing and refinancing. Any existing easements or zoning issues. They are also used to assess the value of the home for home improvement loans and insurance evaluations.

Appraisal 106
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Explaining the Loan Process Part 4: Underwriting Mortgage

PennyMac

The underwriter will investigate to make sure your application and documentation are truthful, and they will double-check you have described your finances accurately. Collateral: What is the value and type of property being financed?

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

The physical, legal, or economic descriptions of the property are in question. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. As economics, finance, law, and technology change, The Robert Weiler Company stays on top of the CRE trends.

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6 Tips When Buying Commercial Land for Sale in Columbus, Ohio

The Robert Weiler Company

Because a property looks great doesn’t mean all legal entanglements have been resolved, or there aren’t unforeseen challenges. Get Pre-Approved for a Loan: If you’re new to commercial real estate investing, financing can be daunting. Learn about easement rights and road access. The same goes for utility access.